This research examines the trend in retail and services capture, as measured by location quotients, in counties throughout the South from 1969 to 1997. Analysis indicates that location quotients have been falling on average in nonmetropolitan and trade shed counties in the retail and services...

This article examines spatial aspects of distributional dynamics and finds that the distribution of US metropolitan incomes relative to their neighbours has diverged during the 1969-1999 period. Use of a spatial Markov approach shows that non-metropolitan neighbours of metropolitan regions have...

The federal Office of Management and Budget’s (OMB) periodic release of updated metropolitan statistical area (MSA) definitions frequently garners significant attention from local economic development professionals and policymakers. The interest is grounded, in part, in the common belief that...

This paper extends the recent empirical literature on the relationship between local decentralization and growth using data from both metropolitan and non-metropolitan regions in the U.S. The analysis utilizes both metropolitan and non-metropolitan regions, and thus avoids the possible selection...

This paper presents empirical tests of the hypothesis that firms cluster geographically due to Marshallian localization economies. The hypothesis implies that changes in employment in localized industries should be more closely related within the regions than across regions. We develop an...

The loss of the exchange rate as an independent policy instrument implied by EMU has spurred calls for an insurance scheme as a buffer against temporary, asymmetric shocks to national income. We study the potential properties of such a system using historical data from the 12 EC economies. An...

This paper examines how amenities, asset indicators, and fiscal factors influence the growth in factors of production from 1972 to 1999 in the 466 non-metropolitan labor market areas in the continental United States. In developing our model of non-metropolitan factor markets, we combine the...